ARPA declined roughly
↘1.6%
over the past 24 hours while outpacing DeFi peers that fell roughly
↘3.6%
over the same period.
Price holds up better than peers
Trading volume declined roughly
↘28%
over the past week even as the number of active traders increased roughly
↗35%
over the past 24 hours, showing mixed participation signals.
Trading activity shows mixed signals
The asset traded near its 24-hour low as of the latest snapshot, sitting at roughly 11.6% of its daily range, with approximately 5.75 times more sellers than buyers over the past day.
Selling pressure remains elevated
Fees for traders holding borrowed positions remained low at approximately 0.01% over the current 8-hour period, translating to roughly 12% annually.
Ownership remains widely distributed
The top 10 holders control only 1% of the total supply, indicating broad ownership distribution across many wallets.